The price of iron ore, Modi and Sco Moe re -elected Labor eating humble pie on coal energy prices etc. The tide is in our favor and even though the Indians are dragging their feet on matmor it doesn't feel to me like an aldp moment. Hard to think of a reason why NMDC would pull out now but even if they did it wouldn't be the end of the world as matmor imo has the potential to interest other investors particularly in the present climate.
Board meeting, page-33
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